Original article by Clancy Yeates, Millie Murio
The Age – Page: Online : 21-Apr-23

Treasurer Jim Chalmers has endorsed all 51 recommendations made by an independent review of the Reserve Bank. Economists have stated that the review’s recommendations are unlikely to result in different interest rate outcomes, nor do they consider that they will necessarily lead to improved long-term economic performance. Shane Oliver of AMP says the changes are unlikely to have much impact on households, adding that the RBA may end up making the same monetary policy decisions and most people will not notice much change. Paul Bloxham says the proposed changes will have limited impact on financial markets.

CORPORATES
RESERVE BANK OF AUSTRALIA, AUSTRALIA. DEPT OF THE TREASURY, AMP CAPITAL INVESTORS LIMITED, HSBC AUSTRALIA HOLDINGS PTY LTD